Escorts sees 10-12 pct rise in tractor sales in FY08


NEW DELHI, Aug 19 (Reuters) - Tractor maker Escorts Ltd expects to post a 10-12 percent rise in tractor sales for the year-ending September 2008, a senior official said on Tuesday. For the year-ended September 2007, the company sold 50,000 tractors, Executive Director and Chief Executive Officer, Agri-machinery group, Rohtash Mal, told reporters on the sidelines of an industry conference. He said the firm was planning to increase tractor prices in a month's time as input costs had gone ...

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